🏠 FTHB GST Rebate at a Glance
Posted on
June 11, 2025
by
Jai Patel
New Federal Rebate for First-Time Home Buyers
📅 Effective: Purchases/agreements made on or after May 27, 2025
💰 What Does It Cover?
| 🏷️ Home Price | 🎁 Rebate |
|---|
| Up to $1M | ✅ 100% GST rebate |
| $1M – $1.5M | 🔻 Partial rebate (phased out) |
| $1.5M+ | ❌ No rebate |
✅ Who Qualifies?
Must be a First-Time Home Buyer:
🏗️ Eligible Purchase Types
| 🏡 Purchase Type | 🧾 Requirements |
|---|
| New from Builder | First-time buyer, principal residence, first to occupy |
| Owner-Built | First-time builder, principal residence, first to occupy |
| Co-op Shares | First-time buyer, principal residence, first to occupy |
📆 Timing Requirements
| 🏠 Housing Type | 📅 Deadline |
|---|
| Builder Homes | Purchase between May 27, 2025 – 2031 |
| Owner-Built Homes | Start before 2031, finish before 2036 |
| Co-ops | Agreement between May 27, 2025 – 2031; complete by 2036 |
⚠️ Limitations
Must meet all eligibility criteria
No rebate on homes $1.5M+
Applies to federal GST only — not provincial HST (watch for future provincial changes)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
